Genprex (GNPX) director logs small stock sales mainly for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Genprex, Inc. director Brent M. Longnecker reported small open-market sales of Genprex common stock, primarily for tax purposes. On April 14, 2026, he sold 8 shares of common stock at $1.23 per share from his direct holdings and 10 shares at $1.23 per share through indirect ownership by Longnecker Associates Ltd. Following these transactions, he directly holds 9,157 shares of Genprex common stock, with no remaining indirect shares reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 18 shares ($22)
Net Sell
2 txns
Insider
LONGNECKER BRENT M
Role
Director
Sold
18 shs ($22.14)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8 | $1.23 | $9.84 |
| Sale | Common Stock | 10 | $1.23 | $12.30 |
Holdings After Transaction:
Common Stock — 9,157 shares (Direct);
Common Stock — 0 shares (Indirect, By: Longnecker Associates Ltd)
Footnotes (1)
- [object Object]
Key Figures
Direct shares sold: 8 shares
Indirect shares sold: 10 shares
Sale price: $1.23 per share
+2 more
5 metrics
Direct shares sold
8 shares
Common Stock sold April 14, 2026 at $1.23
Indirect shares sold
10 shares
Common Stock via Longnecker Associates Ltd at $1.23
Sale price
$1.23 per share
Open-market transactions on April 14, 2026
Direct holdings after sale
9,157 shares
Genprex common stock directly owned post-transaction
Total shares sold
18 shares
Net shares sold across two transactions
Key Terms
open-market sale, indirect ownership, Common Stock, for tax purposes
4 terms
open-market sale financial
"transaction_action: "open-market sale" for both common stock transactions"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"ownership_code "I" with nature_of_ownership "By: Longnecker Associates Ltd""
Common Stock financial
"security_title: "Common Stock" for each reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
for tax purposes financial
"footnote: "Represents shares sold by the Reporting Person on April 14, 2026 for tax purposes.""
FAQ
What insider transactions did Genprex (GNPX) disclose for Brent M. Longnecker?
Genprex director Brent M. Longnecker disclosed two small open-market sales of common stock. On April 14, 2026, he sold 8 directly held shares and 10 indirectly held shares, each at $1.23 per share, mainly for tax purposes according to the filing footnote.
What is the nature of Brent M. Longnecker’s indirect Genprex (GNPX) holdings?
The filing identifies 10 sold shares as indirectly owned "By: Longnecker Associates Ltd." After this sale, the indirect position shown is zero shares. The remaining reported ownership is entirely direct, totaling 9,157 Genprex common shares.